Market Chatter: AustralianSuper Says Support for BlueScope Deal Only Possible for Price Higher Than SGH Consortium's Bid of AU$30 Per Share

MT Newswires Live
01/09

A spokesperson for AustralianSuper, a significant shareholder in BlueScope Steel (ASX:BSL), said that it supports BlueScope's decision to reject a takeover bid from from a consortium comprising SGH (ASX:SGH) and the US-listed Steel Dynamics and that it would only support a deal that was materially higher than the currently proposed price of AU$30 per share, according to media reports on Friday.

BlueScope rejected an unsolicited, non-binding, indicative, and conditional takeover proposal received from the consortium on Wednesday for AU$30 per share, representing a total equity value of AU$13.2 billion.

BlueScope revealed in a Thursday bourse filing that AustralianSuper had increased its stake in the company to 13.5% from 12.5%.

BlueScope's shares rose a little over 1% in recent trading on Friday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10